NOODLES & Co
NOODLES & Co
Insider Sentiment (TTM):
Last Purchase:2023-06-02Last Sale:2023-01-13Shares Purchased (TTM):0Shares Sold (TTM):0
Institutional Sentiment:
As of:2026-03-31Institutional Shares Owned:1,995,800Shares Outstanding:5,861,370Institutional Ownership Pct.:34.05%
Earnings Market Reaction:
Filing Date:2026-07-24Price on Filing Date:N/APrevious Close:N/A% Change:N/A
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 1 | 1 | 1 | 5 | 2 | 1 | 1 | 3 | 2 | 1 | 3 | 3 | |||||
Accounts Receivable Net Current | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | |||||
Inventory Net | 9 | 10 | 10 | 10 | 11 | 11 | 11 | 10 | 10 | 10 | 10 | 10 | |||||
Prepaid Expense And Other Assets Current | 3 | 2 | 3 | 4 | 4 | 4 | 4 | 5 | 6 | 6 | 4 | 5 | |||||
Income Taxes Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Assets Current | 19 | 18 | 19 | 24 | 21 | 21 | 20 | 23 | 22 | 22 | 23 | 23 | |||||
Property Plant And Equipment And Finance Lease Rig… | 94 | 102 | 107 | 114 | 123 | 138 | 137 | 140 | 140 | 151 | 152 | 149 | |||||
Operating Lease Right Of Use Asset | 114 | 117 | 126 | 133 | 141 | 152 | 158 | 168 | 174 | 177 | 184 | 187 | |||||
Goodwill | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | |||||
Intangible Assets Net Excluding Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | |||||
Other Assets Noncurrent | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Assets Noncurrent | 217 | 228 | 243 | 257 | 273 | 299 | 304 | 317 | 324 | 338 | 345 | 346 | |||||
Assets | 236 | 246 | 262 | 281 | 295 | 319 | 325 | 341 | 346 | 360 | 368 | 369 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 17 | 16 | 17 | 19 | 19 | 17 | 13 | 20 | 18 | 18 | 17 | 22 | |||||
Employee Related Liabilities Current | 10 | 11 | 7 | 10 | 7 | 11 | 8 | 11 | 8 | 11 | 8 | 12 | |||||
Accrued Liabilities Current | 10 | 11 | 12 | 12 | 12 | 12 | 13 | 13 | 14 | 13 | 13 | 12 | |||||
Operating Lease Liability Current | 26 | 26 | 26 | 30 | 31 | 30 | 32 | 32 | 31 | 31 | 30 | 30 | |||||
Liabilities Current | 63 | 64 | 62 | 71 | 68 | 70 | 66 | 76 | 71 | 73 | 68 | 76 | |||||
Long Term Debt Noncurrent | 104 | 106 | 109 | 108 | 106 | 101 | 101 | 88 | 85 | 81 | 80 | 64 | |||||
Operating Lease Liability Noncurrent | 112 | 116 | 127 | 131 | 140 | 151 | 157 | 167 | 175 | 179 | 186 | 190 | |||||
Deferred Income Tax Liabilities Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Other Liabilities Noncurrent | 7 | 8 | 9 | 9 | 10 | 11 | 7 | 5 | 5 | 6 | 7 | 6 | |||||
Liabilities | 287 | 294 | 307 | 319 | 325 | 333 | 330 | 337 | 337 | 338 | 341 | 336 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Treasury Stock Common Value | -35 | -35 | -35 | -35 | -35 | -35 | -35 | -35 | -35 | -35 | -35 | -35 | |||||
Additional Paid In Capital | 218 | 217 | 217 | 216 | 215 | 214 | 214 | 213 | 212 | 211 | 210 | 209 | |||||
Retained Earnings Accumulated Deficit | -234 | -230 | -227 | -220 | -211 | -194 | -184 | -175 | -168 | -154 | -148 | -142 | |||||
Stockholders Equity | -51 | -48 | -45 | -39 | -31 | -14 | -6 | 4 | 10 | 22 | 27 | 33 | |||||
Liabilities And Stockholders Equity | 236 | 246 | 262 | 281 | 295 | 319 | 325 | 341 | 346 | 360 | 368 | 369 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | |||||
Common Stock Shares Issued | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |||||
Shares Outstanding | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |||||
Treasury Stock Common Shares | 0 | 0 | 0 | 0 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.00% | 30.75% | 28.00% | - | - | - | - | - | - | - | - | - |
| 2025 | -8.24% | -28.24% | 11.76% | -6.94% | -11.11% | -9.72% | -6.67% | -5.33% | 2.67% | -2.86% | 33.51% | 51.33% |
| 2024 | -12.56% | -26.51% | -19.53% | 13.67% | -17.99% | -12.95% | -32.67% | -39.60% | 37.62% | -20.42% | -30.99% | -47.89% |
| 2023 | - | - | - | -11.84% | -23.36% | -32.40% | 27.02% | 27.02% | 9.27% | -14.73% | -37.50% | -17.41% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.29 | 0.28 | 0.31 | 0.34 | 0.31 | 0.29 | 0.31 | 0.31 | 0.32 | 0.31 | 0.34 | 0.30 | |||||
| Quick Ratio | 0.10 | 0.09 | 0.09 | 0.13 | 0.09 | 0.08 | 0.08 | 0.10 | 0.09 | 0.08 | 0.13 | 0.10 | |||||
| Working Capital | -44.45M | -46.29M | -42.95M | -46.83M | -47.11M | -49.61M | -45.53M | -52.82M | -48.84M | -50.27M | -44.89M | -52.82M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | -5.62 | -6.13 | -6.78 | -8.21 | -10.57 | -23.97 | -59.19 | 90.17 | 34.91 | 15.45 | 12.55 | 10.34 | |||||
| Interest Coverage TTM | -1.22 | -2.39 | -2.89 | -3.30 | -3.40 | -3.32 | -3.31 | -3.26 | -2.68 | -1.19 | -1.05 | 0.34 | |||||
| Debt Ratio | 1.22 | 1.20 | 1.17 | 1.14 | 1.10 | 1.04 | 1.02 | 0.99 | 0.97 | 0.94 | 0.93 | 0.91 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.87 | 1.75 | 1.69 | 1.59 | 1.54 | 1.46 | 1.42 | 1.40 | 1.42 | 1.41 | 1.41 | 1.45 | |||||
| Days Sales Outstanding TTM | 3.15 | 3.10 | 2.99 | 3.04 | 2.85 | 3.11 | 3.40 | 3.29 | 3.23 | 3.33 | 4.20 | 3.52 | |||||
| Receivables Turnover TTM | 115.84 | 117.85 | 121.91 | 119.92 | 128.09 | 117.42 | 107.21 | 110.88 | 112.87 | 109.68 | 86.89 | 103.80 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -3.94 | -6.30 | -7.36 | -7.83 | -7.46 | -6.84 | -6.37 | -5.72 | -4.44 | -2.29 | -1.72 | -0.48 | |||||
| Free Cash Flow Per Share TTM | 0.63 | -0.39 | -0.88 | -2.66 | -3.16 | -3.22 | -3.73 | -3.96 | -3.01 | -4.08 | -4.28 | -3.31 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 75.00% | 74.60% | 74.31% | 74.03% | 74.07% | 74.52% | 74.92% | 75.37% | 75.46% | 75.38% | 75.35% | 74.96% | |||||
| Operating Profit Margin TTM | -2.58% | -5.25% | -6.38% | -7.05% | -6.74% | -6.07% | -5.63% | -5.04% | -3.62% | -1.38% | -1.00% | 0.26% | |||||
| Net Profit Margin TTM | -4.71% | -7.46% | -8.60% | -9.20% | -8.70% | -7.89% | -7.34% | -6.59% | -5.03% | -2.58% | -1.96% | -0.53% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 0.19% | -0.12% | 0.37% | -0.35% | -1.23% | -0.61% | -2.01% | -3.83% | -3.13% | -4.64% | -1.19% | 5.69% | |||||
| Net Income Growth (1Y) | -45.82% | -5.63% | 17.55% | 39.18% | 70.85% | 203.78% | 267.42% | 1,090.12% | 851.38% | - | 197.40% | -69.60% | |||||
| EPS Growth (1Y) | -47.26% | -7.86% | 15.44% | 36.73% | 68.22% | 199.11% | 270.64% | 1,097.83% | 870.47% | - | 197.73% | -69.55% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -3.80 | -1.36 | -0.77 | -0.65 | -0.76 | -1.28 | -0.73 | -1.68 | -2.85 | -6.68 | -14.66 | -41.18 | |||||
| P/B TTM | -1.74 | -1.04 | -0.73 | -0.76 | -1.06 | -3.59 | -4.73 | 14.66 | 7.45 | 3.93 | 5.32 | 3.48 | |||||
| P/S TTM | 0.18 | 0.10 | 0.07 | 0.06 | 0.07 | 0.10 | 0.05 | 0.11 | 0.14 | 0.17 | 0.29 | 0.22 | |||||
| Market Cap | 88.61M | 50.11M | 32.87M | 29.73M | 32.78M | 49.90M | 26.37M | 54.77M | 71.81M | 86.10M | 144.47M | 113.00M | |||||
| Enterprise Value | 191.72M | 154.27M | 140.38M | 133.20M | 136.95M | 149.13M | 125.96M | 139.82M | 154.79M | 165.94M | 221.68M | 174.51M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 3.76M | -2.29M | -5.11M | -15.48M | -18.24M | -18.45M | -21.21M | -22.59M | -17.12M | -22.98M | -24.55M | -18.99M | |||||
| Net Debt | 103.11M | 104.15M | 107.51M | 103.46M | 104.18M | 99.23M | 99.59M | 85.05M | 82.97M | 79.84M | 77.21M | 61.51M | |||||
Per-Share and Margin | |||||||||||||||||
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Turnover Ratios and Averages | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
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| Deferred Revenue Growth (1Y) | |||||||||||||||||
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Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
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| Net Debt to Equity | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
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| Accrued to Current Liabilities | |||||||||||||||||
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Valuation Ratios | |||||||||||||||||
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Insider Transactions
2023-06-02Purchase
Owner: Kline, Corey
Title: EVP - Technology
Shares: 2,900
Price/Share: $3.41
Value: $9,889.00
Shares Owned: 52,141
Relationship: Officer
Ownership: Direct
2023-05-15Purchase
Owner: West, Thomas B
Title: Chief Operating Officer
Shares: 2,000
Price/Share: $3.89
Value: $7,780.00
Shares Owned: 155,323
Relationship: Officer
Ownership: Direct
2023-04-26Purchase
Owner: Mill, Road Capital Ii, L.…
Title: -
Shares: 107,439
Price/Share: $4.65
Value: $499,591.35
Shares Owned: 1,245,943
Relationship: TenPercentOwner
Ownership: Direct
2023-04-06Purchase
Owner: Mill, Road Capital Iii, L…
Title: -
Shares: 1,833
Price/Share: $4.63
Value: $8,486.79
Shares Owned: 1,128,804
Relationship: TenPercentOwner
Ownership: Direct
2023-03-29Purchase
Owner: Mill, Road Capital Iii Gp…
Title: -
Shares: 5,000
Price/Share: $4.64
Value: $23,200.00
Shares Owned: 1,126,971
Relationship: TenPercentOwner
Ownership: Direct
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Institutional Ownership
No data available for chart
2026-03-31
34.05%
Inst. Shares: 1,995,800
Shares Outstanding: 5,861,370
2025-12-31
34.05%
Inst. Shares: 1,970,385
Shares Outstanding: 5,787,255
2025-09-30
37.39%
Inst. Shares: 2,171,350
Shares Outstanding: 5,807,356
2025-06-30
38.67%
Inst. Shares: 2,231,146
Shares Outstanding: 5,770,249
2025-03-31
42.67%
Inst. Shares: 2,442,198
Shares Outstanding: 5,722,919
NOODLES & Co (NDLS) — SEC Financial Statements & Analysis
NOODLES & Co (NDLS) is a retail-eating places company. NOODLES & Co trades on Nasdaq as: NDLS. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), NOODLES & Co reported a 0.19% year-over-year revenue growth, a Gross Profit Margin of 75.00% (TTM), a Debt-to-Equity ratio of -5.62x, a Price-to-Sales (P/S) ratio of 0.18x (TTM), a Price-to-Book (P/B) ratio of -1.74x (TTM), at a market cap of $88.61M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 0.19%
- Gross Profit Margin TTM
- 75.00%
- Debt To Equity
- -5.62x
- P/S TTM
- 0.18x
- P/B TTM
- -1.74x
- Market Cap
- $88.61M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is NOODLES & Co in?
NOODLES & Co (NDLS) operates in the Retail-Eating Places industry.
What is NDLS's market cap?
NOODLES & Co (NDLS) has a market capitalization of $88.61M as of 2026-06-30.
What exchange does NDLS trade on?
NOODLES & Co (NDLS) trades on the Nasdaq.